Sen. Curren Price and his campaign treasurer have agreed to pay a $4,900 fine for failing to make timely disclosure of three contributions from his campaign coffers - including a $25,000 donation to a failed ballot initiative meant to alter legislative term limits two years ago.
The Fair Political Practices Commission is scheduled to vote on the stipulated settlement Feb. 11, according to a report released by the watchdog political agency this week.
The Inglewood Democrat has conceded, by agreeing to the settlement, that he and his treasurer violated state elections law by late reporting of a $25,000 donation to Yes on Proposition 93, made Jan. 23, 2008; $10,000 to the Democratic State Central Committee, made Oct. 28, 2008; and $1,000 to Paulette Simpson, a Compton school board candidate, made Oct. 29, 2007.
Roman Porter, FPPC executive director, declined to discuss details of the Price case pending action by his governing board next week. But Porter said that in such stipulated settlements, both the elected official and his or her treasurer are liable for any violations in reporting.
Fahizah Alim, Price's spokeswoman, said the $4,900 fine will be paid specifically by the senator's treasurer, Durkee and Associates, of Burbank. Kinde Durkee, a party to the settlement, could not be reached for comment Tuesday.
"I regret this oversight by my treasurer and accounting firm and am absolutely committed to accountability and transparency in the political process," Price said in a written statement.
The FPPC report did not say how tardy Price and his treasurer were in reporting the three donations or how the violation was discovered.
Proposition 93, backed by Democratic leaders of the Assembly and Senate, would have shortened legislative term limits, from 14 years to 12, but it would have allowed lawmakers to serve their entire career in one house. The failed measure could have benefited Price and other incumbents.
The donations targeted by the FPPC were made while Price was an assemblyman. He was elected last May to fill the Senate seat vacated by Mark Ridley-Thomas' election to the Los Angeles County Board of Supervisors.